• Dapps: 16.23K
  • Blockchains: 78
  • Active users: 66.47M
  • 30d volume: $303.26B
  • 30d transactions: $879.24M

Stablecoins Could Reach $1 Trillion by 2026: Projections and Prospects

by

2 hours ago


Recent developments in the stablecoin market, such as Stripe's $1.1 billion acquisition of the Bridge platform, have sparked new predictions and expectations. Experts are confident in the sector's sharp growth in the coming years.

Stablecoin Growth Predictions

Bitwise's chief investment officer Matt Hougan believes that stablecoins' assets under management could exceed $1 trillion in the next two years. He is projecting inevitable growth in the sector due to increasing interest from traditional financial institutions.

Stablecoin AUM will top $1 trillion in 2026 imo, and that might be conservative.

Current State of the Stablecoin Market

The Tether USDT platform recently reached $120 billion in circulation, maintaining a dominant position in the market. The key networks for USDT circulation are Tron and Ethereum. However, competition is beginning to intensify with companies like Stripe and PayPal entering the market.

Reasons for Growing Popularity of Stablecoins

The growing popularity of stablecoins is due to their ability to bridge traditional financial systems with blockchain technology. Their use has become more economically viable for international transactions, confirming the importance of these products for future financial innovations.

Stablecoins are room-temperature superconductors for financial services.

The evolution of stablecoins, along with their integration into traditional financial structures, underscores their key importance for the next stage of international financial system development. Stablecoins are expected to unlock a new level of financial service efficiency and accessibility.

0

Share

Other news

Bappebti Extends License Deadline for Crypto Exchanges in Indonesia

Bappebti extended the deadline for Indonesian crypto exchanges to obtain PFAK license until late November 2024.

17 minutes ago

Raydium Increases Volume and Prices on Solana

Raydium, the largest DEX on Solana, has increased its price and volume, reaching record levels since July.

17 minutes ago

Elon Musk's Comments on XRP Stir Crypto Community

Elon Musk mentioned XRP, sparking community interest and Ripple's CEO comments.

18 minutes ago

AI Tokens' Prospects: Expert Insights by Michael Heinrich

Michael Heinrich discusses the best AI crypto tokens and their market potential.

18 minutes ago

Egrag Crypto Predicts Possible Bitcoin Peaks in 2025

Analyst Egrag Crypto forecasts Bitcoin reaching up to $175,000 by 2025, based on the four-year cycle pattern.

18 minutes ago

ARENA Coin Launch Postponed: Infrastructure Enhancements Ongoing

The ARENA Coin launch on Avalanche is delayed until October 29 due to infrastructure enhancements.

19 minutes ago

© 2020. DappExpert. All rights reserved.
© 2020. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.